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Search Results 0 to 18 of about 19 (some duplicates have been removed)
FOX Business
Nov 29, 2012 7:00pm EST
and straightforward. while noting that all eyes in the fiscal cliff spinoff are now turn on the white house. to take all of this up tonight, the politics and policy in the games being played by both sides in washington dc, we will be joined by richard shelby, the ranking republican of the banking committee. he joins us. congressman devin nunes, chairman of the ways and means committee to tell us what kind of effort it will take and who will be blamed for failure to stop these tax hikes and trillion dollar budget cuts. bradley graham is among our guests tonight. here are the details on exactly what secretary geithner has proposed on behalf of the president to avoid the fiscal cliff. according to the republicans in that meeting, the offer includes $1.6 trillion in new revenue. that is higher taxes, raising tax rates, and taxes on investment income. at least $50 million in new stimulus spending in the next fiscal year alone. mind you, of course, the republicans looking for spending cuts as an offset to their agreement to raise taxes. the only spending cuts in the plan come from cutting medicare an
FOX Business
Nov 28, 2012 10:00pm EST
interpreted positive statements on a potential deal on the fiscal cliff by house speaker and rebounded from what had been a 112-point slide after the morning's opening bell. the dow jones industrials reversed, as i said, on the speaker's positive remarks and finished the session up 107 points. s&p up 11, nasdaq gained 24. all ten s&p 500 sectors moved higher on the day. that is the first time it has happened since october 4th. retailers drove the consumer discretionary sector energy industrials lead in the wake, and the rally started just minutes before house speaker made it clear that republicans are willing to deal on revenue and ready to find a resolution now >> we all know that we have had this spending crisis coming at like a eight train. it mst be dealt with. and in order to try to come to an agreement, republicans are willing to put revenue on the table, but it is time for the president and democrats to get serious about the spending problem that our country has. i am optimistic that we can continue to work together to avert this crisis sooner rather than later. lou: meanwhile,
FOX Business
Dec 1, 2012 8:00pm EST
people about avoiding th fiscal cliff. members of the national governors' association executive committee meeting at the white house next tuesday, including chairman teller governor as well as wisconsin governor scott waer. the president will deliver a speech to the business roundtable was a recap the president has delivered a speech at a toy factory, met with small business owners, mddle-class taxpayers, labor union leaders, two groups of business executives on the cliff, but has not met with the republicans with whom he has to deal in order to cut a deal. up next, the house passes gislation to provide visas to emigrants with advanced degrees. cries of racism from one democrat. we will take it up in the "lou dobbs forum." publicans leading the way on immigration reform. we will take that up as well. on our way to this break, here is our list of the folks the president should also consider meeting with on the fiscal cliff. ♪ lou: in "lou dobbs forum" we will alk about illegal immigration and efforts to change our immigration laws. the house today passed the so-called stem jobs act that would provide 55,000 permanent r
FOX Business
Dec 3, 2012 7:00pm EST
no dispute about the fact that we are now 28 days frrm going over the fiscal cliff with no talks taking place between either side and more troubling, no talks scheduled between the president and house speaker. we take all of this up here tonight with former special assistant to president george w. bush, veteran democratic politicos strategist and republican pollster. president obama issued a warning to syrian leader declaring there will be consequences if syria uses chemical weapons on its own people. the president's steered clear of defining those consequences. egis political crisis is widening cajon. a general strike to protest the presence unrestricted new powers. in this country's hospitals that deadly new bacteria that is more than just drug-resistant, it is draw prevent spreading. just how high is that this book of? we begin tonight with the fiscal clef which produced more far spent progress rejecting the speaker of the house claim that no progress is being made >> the house speaker said on fox news sunday right now i would say we are nowhere in terms of the fiscal cliff negotiations. does the president agree? >> no, he does not. you saw secretary geithner over the weekend on aaother
FOX Business
Dec 1, 2012 10:00am EST
education is crushing economic futures. the fiscal cliff now 31 days away, still no mention of sequestration cuts. cuts in the pentagon budget wit deadly consequences? can this congress and this president figure out how to do the right thing? admiral james lyons joins us next. ♪ lou: 31 days until the fiscal clef, the threat of sequestration largely being ignored. automatic spending cuts to the tune of 1 trillion over ten years, half coming from our defense budget. joining me now to discuss the impact on our military, nestle security, we are joined by hammer and -- admiral mes lyons. they to have you back with us. your thoughts on the impact of sequestration is, indeed, it goes into affect year. >> in the words of the secretary of defense, leon panet, this will be a disaster. what the obama administration is doing is unilaterally reducing the military capability of our forces. this is at a time when we have china with its massive force expansion, building a world capable force projection capability. we have the russians modernizing the russian forces. we still have the irania
FOX Business
Dec 4, 2012 7:00pm EST
consequence of this, the economic consequence of this and by this i mean going over the fiscal cliff will be significant , but what i don't %-effort, either self delusion r misrepresentation of the facts. you all, as republicans control the house of representatives. as we saw during the debt ceiling discussions in 2011, it is not a pretty perch from which to take on the bully pulpit of the presidency. >> but i think what we need to do is not get caught ii the trap of the compromise is raising taxes. i think there are many other compromises you could have. for example, i think one compromises we could save some money and military spending even though i think that is the most important -- lou: 55 billion? >> absolutely. i think we could..3 a think we could also say that,3 you know what, the ridge could pay more for their medicare. the rich could receive less for their social security. those are compromises i presented directly to the president a year-and-a-half ago, and he has done zero. his party has done zero. they are hell bent on let's go soak there race. lou: with all respect, have you had this discussion with your party? what are they saying? those are rational and effective ideas. >> there are some in our party will except t
FOX Business
Dec 6, 2012 10:00pm EST
there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end of the session. investors cheering news in a decline in jobless claims, and household wealth in the country grew by $1.7 trillion, to the highest level in five years, talk about a positive indicator for consumer purchasing. the dow jones industrial up 40 points, the s&p up five, and nasdaq rose 15.5 points. volume? a billion shares lighter than yesterday, but above the average of 3.1 billion trading on the board today. apple rebounded from yesterday's worst date performance in four years, a gain of $8.45 today with the ceo saying apple will move imac computer production to the country in the new year. garmin stock higher to replace rr donly in the s&p 500, the stock moving up 5.75%. crude oil declining, down a third day in a row, looking at large supplies of gasoline and anemic demand. crude oil down 1.62 set
FOX Business
Dec 4, 2012 10:00pm EST
consequence of this and by this i mean going over the fiscal cliff will be significant , butwhat i don't %-effort, ither self delusion or misrepresentation of the facts. you all, as republicas control the house of representives. as we saw dri the ebt ceing discussions in 2011, it isot a pretty perch frm which toake on the blly pulitof the presidency. >> but i think what we need to do s not get caughti the trap of the compmise s raising tas. i hink there are many other compromises you could hae. r example, i think one compmises we cldave some money and military speding even though i thinkhat is the most impot -- lou: 55 billion? >> absolutely. i think we could..3 a think wecou alssay that,,3 you know what, the ridge could pay more for their medicare. the rich could receive less for thr social secuity. those are compromises i presented directly to the president a year-and-a-half ago, and he has done zero. his party hasdone zer. they are hell bent on let's go soak thererace. lou: with all respect, have you had thidiscussion with you party? what are they saying? those are atioional and effectie ideas. >> there are somin our party willxcept those, some in our party you getcaught up to much in the, w
FOX Business
Dec 5, 2012 10:00pm EST
, uncertainty, fiscal cliff threatening the economy, but maybe not? we take it all up with moody's iefonomist, and deuche bank senior economist here next. stay with us. with the spark cash card from capital one, olaf gets great rewas for his small business! pizza! [ garth ] olaf's small busins earns 2% cash back on every purchase, ery day! helium delivery. put it on my spark rd! [ pop! ] [ garth ] why settleor less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? we don't let frequent heartburn come between us and what we love. so if you're onef them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur lou: you know, it may surprise some that december is historically the strongest month for investors. the s&00 posting gains in december, 82% of the time since 1990. it'
FOX Business
Dec 5, 2012 7:00pm EST
white house correspondent. up next, tax hikes, overspending, uncertainty, fiscal cliff threatening the economy, but maybe not? we take it all up with moody's chief economist, and deutsche bank senior economist here next. stay with us. lou: you know, it may surprise some that december is historically the strongest month for investors. the s&p500 posting gains in december, 82% of the time since 1990. it's that 18% that should trouble folks, but are concerns with the fiscal cliff giving investors a reason to be less than optimistic? joining me is john, and carl, senior economist for deutsche bank. gentlemen, thank you for being here. start with the treasury secretary. the man in charge of our treasury is out telling everyone that the administration he works for is a part of is perfectly prepared to go over the fiscal cliff in order to raise a tax rate to 39.6%. does that make any sense to you? are you shocked, surprised? >> well, i guess i'm not surprised given we're in the early stages of the discussion, but for the economists and forecasters out there calling this is the fiscal slop
Search Results 0 to 18 of about 19 (some duplicates have been removed)